Even if it is a bit expensive after your birthday also never mind, the most important is you take time to study properly whether it suit to your needs or not.
No point, just to save up a bit and rush to sign up then found out it is not something you would like.

ask ur agent to show u the quotation for age b4 birthday n after birthday u will see the little difference. the most important thing, understand what u buy.... tht little diffence in 20-30yrs time won't make u poorer...

Thanks for the feedback guys. Anyway since my parents already bought insurance for me, but when my friend (an insurance agent) studies my insurance policy he says maybe I could consider to get another insurance to add up to the sum assured of my current plan. So you guys think should I get an additional plan? How much is enough for sum assured?

Thanks.

oh, u didn't mention u got existing plan....what plan is tht ? yes, u may top up ur existing plan as along as meets ur need..

Hi,

my current insurance plan only pays the following:

10k for natural death
10k + 10k for accidental death
10k + 15k for TPD
10k + 10k + 15k for accidental TPD
15k for 36 CI

Is the above coverage enough? Should I get another plan to add up the coverage?

Thanks.

what u r having is on TPD/Death plan with 2X claims for accident caused death/TPD. u r still lack of the most important Medical coverage and critical illness protection (which most likely u needed them than the TPD/death claim).

Hi,

So what I need now just to add more coverage to critical illness protection and medical coverage? Then is medical card = medical coverage?

Thanks.

yup, medical card Can be medical coverage ( coz there is another thing called hospital coverage ...)

whether to add above coverage is up to u, medical card is a must , critical illness is upto u. ...

Correct me if i am wrong.

what you truly need is a medical card to cover for your future hospitalizaion bills. if you buy it when you are older...it is going to be very expensive...and make sure you get it while you are still heathy and young.....

Hi,

but I already had a medical card. Just the coverage I think not so high. So should get another medical card with better coverage? Since only one of it can be used.

hai...u didn't mention earlier...

ok, a simple guide to check how much portection u need ( just a guide, varies depend on individuals..), 10-15% of ur yearly income as premium or get a coverage of 5-10X of ur annual income, priority should go to medical coverage as medical bill increases by year , min 50-60K/yr coverage.

if u hav family history (close relatives, grand parents, parents.) of critical illnesses, pay attention on this coverage.

if ur working life involved spending much time on the road /public transport , get some PA (free or paying).

Death/TPD is only something down the list...


just my 2cents.

I give you a hint on what i bought

death and Critical Ilness =>100K
medical card=>225k until 60 or 70 (Max one year can use only 75k)
plus a bit of investment.

total i pay is rm220 per year.


I think you need to topup for your critical ilness and death to at least 100k. less if you are already working and your compnay is covering you.

a freiend of mine..already 30. and he have some back problem, so its very difficult for him to get a medical card or at least it would cost him an arm and a leg to get it covered...so get it while you are still young and heathy..

erm...220/yr or 220/month?

Mistake mistake.....peryear...
i wish it was permonth...
hahaa

Thanks yewkhuay & bengang13 for the guidelines.

I'll give priority to medical coverage and critical illness. So if my current medical coverage is not sufficient, is it ok for me to get another with better coverage? Then how about my current medical card? Can cancel it?

And may I know what does PA means?

Thanks.

huh? u wish it to be permonth instead of peryr? now u making me confused....i believe it is 220/month rite..?

PA = personal accident.
if ur current medical card is standalone yearly renewal, u can upgrade tht card , no need cancel. unless u r taking up a plan to cover all u needed above, then u just let the medical card expire or transfer the premium over (abit paperwork here..).

hi guys, may I know what insurance should I buy for my father? 55+, plenty of sickness

oready with sickness ? if not diabetes/cancer , u die die oso try to get him a medical card ( with premium loading.... ), at least u save more on his future medical bill....pm me then i teach u how to make his blood test abit better...

he just came back from hospital from unknown headache he is a heavy smoker, I know his premium will be expensive like hell.

what you mean can make the blood test looks better? legal to do or not? later if insurance company found out cheating then how?

other than medical card is there any insurance policy that's advisable to buy?

with recent history of hospital visit , ur father's application will handled CAREFULLY by the underwriters..., get all related reports ready...
the method is legal and not miracle....only help abit...
is him having hypertension ?

in his case , Easy to buy is policy tht cover TPD/Deaths but he needs critical illnesses policy (u will not like the loading.....)
medical card get now oso got waiting period for certain claims , anyhow, it's nothing compare to future heavy bills....get ur agent to advise u more on the product feature n most importantly, procedure of claiming and the under clause of it...

This post has been edited by yewkhuay: Oct 27 2007, 12:36 AM